Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
SFC order (9 July): every licensed exchange + broker must scrap SMS, email & app-based OTPs. → Passkeys + hardware keys only → 12 months to comply, big players NOW → Senior mgmt personally liable for client losses after hacks
SMS 2FA was always the weakest link. Singapore, UK & EU tightening the same way. The era of "enter the code we texted you" is ending.
U.S. BITCOIN ETFs SOLD ~1,508 BTC Worth $95.30M 🇺🇸 ARK 21Shares ETF Has SOLD ~632 BTC for $39.93M 🇺🇸 Fidelity ETF Has SOLD ~1,000 BTC for $63.25M And 19,420 ETH for $33.96M 🇺🇸 BlackRock ETF Has SOLD ~8,780 ETH for $15.37M 🇺🇸 Morgan Stanley ETF Has BOUGHT ~34 BTC for $2.17M 🇺🇸 VanEck ETF Has BOUGHT ~85 BTC for $5.36M 🇺🇸 Bitwise ETF Has BOUGHT ~5 BTC for $343.04K And SOLD 1,570 ETH for $2.75M
Fact: U.S. Spot Bitcoin ETFs SOLD Nearly 3 Days Mined BITCOIN Supply Yesterday.
🇺🇸 US CBDC BAN BECOMES LAW TODAY - Without Trump's Signature
The 21st Century ROAD to Housing Act officially becomes law today, and buried inside it is a big one for crypto: the Federal Reserve is now barred from issuing a CBDC (digital dollar) through 2030.
Even after 2030, the Fed can't restart it without Congress signing off. It passed Senate 85-5 and House 358-32, then became law automatically after Trump declined to sign within the 10-day window.
What's a CBDC? A government-controlled digital dollar: fully trackable, freezable, and programmable. The opposite of Bitcoin's permissionless design.
The real winners? Private stablecoins (USDT/USDC): explicitly exempted, giving them a clear runway.
The world's largest prediction market just filed for a US Futures Commission Merchant license (July 3), the first step toward margin trading.
🔹 FCM license filed via affiliate Coming Home GBA LLC 🔹 Still needs CFTC rulebook approval for non-collateralized trades 🔹 Margin users must submit ID + employer info
Someone Is Trying To Legally Claim Satoshi's Bitcoin In Court
A man called "Noah Doe" is suing to own 39,069 dormant wallets holding 3.8 Million BTC (around $240B to $290B), including wallets linked to Satoshi and Mt Gox.
His play: 🔹 Scan chain for wallets dormant 5+ years 🔹 Report to NYPD 🔹 Send on chain notice via OP_RETURN 🔹 Wait 90 days 🔹 File suit as "abandoned property"
But here is what the hype misses. The abandonment theory is collapsing on chain. Galaxy Research found 52 named wallets moved 34,000+ BTC after filing. Dormant does not mean abandoned, and holders are proving it live.
The case is now stayed. The Digital Chamber filed to dismiss it. A real holder "John Doe 33" entered court saying he is a living person, not a line of code.
Next hearing: July 14, 2026.
Your cold wallet is not at legal risk right now. This is a novel legal theory getting tested, and so far it is failing on every front. Move coins occasionally. Secure your keys. Self custody stays king.
Another reminder of why self-custody matters. AscendEX has stopped exchange operations, with users now limited to account access and withdrawal requests only. The exchange says withdrawals are being manually reviewed, meaning delays or additional verification are possible.
Interestingly, this comes shortly after ZachXBT flagged multiple reports of stuck withdrawals and noted that AscendEX's public wallets appeared to hold very limited balances of major assets like ETH, USDT, and SOL.
It's worth remembering that AscendEX (formerly BitMax) was once a top-10 crypto exchange and had raised $50M from major VC firms before its decline.
If you still have funds on AscendEX, it's a good time to check your account and submit a withdrawal request as soon as possible.
WSJ: Trump-Linked AI Financial Explores Sale of Core Business
The company is reportedly in talks to sell its payments business for up to $15 million, as it restructures following steep declines in $WLFI token value and its own share price.
$POL DROPPED -91% FROM ITS LOCAL TOP: IS THIS THE NEXT HIGH RISK-HIGH REWARD HTF ACCUMULATION?
$POL Is Currently Trading Inside A Multi-Year Weekly Descending Channel And Has Reached A High-Timeframe Accumulation Zone Following A Brutal -91% Correction. The Last Time Price Tested Channel Support, It Delivered Strong Relief Rallies. Now #POL Is Once Again Sitting At The Same Macro Support Area. Current Technical Structure: ✅ Multi-Year Weekly Descending Channel Still Intact ✅ Price Testing Lower Channel Support For The Fourth Time ✅ High Risk Accumulation Zone Forming At HTF Demand ✅ Selling Momentum Continues To Weaken After A -91% Correction ✅ Bullish Confirmation Only Above $0.118 (Market Structure Shift) CryptoPatel Targets If This Structure Holds: $0.12 | $0.17 | $0.3 | $0.7 Why Expect 2x–9x From Here? The Current Positioning Offers One Of The Best Risk-Reward Opportunities Since POL Is Trading Near Multi-Year Channel Support Where Previous Reversals Started. If Buyers Successfully Defend This HTF Demand Zone And Price Reclaims $0.118, The Probability Of A Macro Trend Reversal Increases Significantly. The Longer POL Accumulates At These Discount Levels, The Stronger The Potential Expansion Phase Could Become. Disclaimer: This Is Technical Analysis, Not Financial Advice. Markets Are Probabilistic, Not Guaranteed. Always Use Proper Risk Management And Do Your Own Research. @Polygon #CryptoPatel
Everyone Ignored $LDO After A -94% Collapse. The Technical Recovery Potential From Here Exceeds 21X
$LDO Is Currently Trading Inside A High Risk-High Reward HTF Accumulation Zone After A ~94.20% Correction From Its Cycle High. Price Is Sitting Near Multi-Year Demand While The Weekly Structure Approaches A Critical Inflection Point. Technical Structure ✅ Previous Cycle High: ~$4.038 (Macro Liquidity High) ✅ Macro Correction: −94.20% Into Current Accumulation Range ✅ Multi-Year Descending Channel Still Defines HTF Trend ✅ Bearish Breakdown Followed By Retest & Rejection Of Channel Resistance ✅ Lower High Structure Remains Intact On Weekly Timeframe ✅ Price Holding Inside Major HTF Demand / Accumulation Zone ✅ Bullish Confirmation Only Above $0.68 (Weekly S/R Reclaim) ✅ Trend Reversal Confirmation Above $0.68 HTF Close ✅ Risk Invalidation: Sustained Weekly Acceptance Below Current Demand Zone ➡️ 2023-2024: Expansion Toward Cycle High Near $4.038 ➡️ 2024-2026: -94.20% Corrective Decline Into Macro Demand ➡️ High-Risk Accumulation Zone: $0.25-$0.16 ➡️ Current Phase: Late-Stage Accumulation Within Long-Term Downtrend Structure Shift Requirements 1️⃣ Weekly Close Above Descending Channel Resistance 2️⃣ Reclaim + Acceptance Above $0.68 (Major S/R Flip) 3️⃣ Break Weekly Lower High At $1.50 To Confirm HTF Trend Reversal Bull Cycle Targets (If Structure Shifts): $0.68 → $1.50 → $2.50 → $3.70 Invalidation: Failure To Hold The Current HTF Demand Zone And Continued Rejection Below The Descending Channel Would Keep The Macro Bearish Structure Intact. The Current Zone Represents A High-Risk, High-Reward Accumulation Opportunity. However, The Higher Timeframe Trend Remains Bearish Until Price Reclaims $0.68 And Confirms A Structural Shift. TA Only. Not Financial Advice. ALWAYS DYOR. #LDO #CryptoPatel @Lido
Zcash Co-Founder Wants to Change Bitcoin's 21M Supply Limit.
He argues that as more private keys are lost over time, Bitcoin's circulating supply will continue shrinking. His proposal? Replace the fixed cap with a maximum annual issuance of 4% to maintain liquidity and support long-term adoption.